Alfords Point is an average performer in NSW when comparing median price capital growth over the last year. Alfords Point gave property investors a average capital gain figure when compared to the rest of the state, with 9.82%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Alfords Point has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Alfords Point should be aiming for at least -0.77% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Alfords Point being $1295000 and the advertised rent reaching $800 the gross rental yield for property investors calculates out to be 3.21%